Industrial

Owning or leasing industrial space in New Jersey means you’re within one day’s drive of one-third of the nation’s population. That means the state continues to be a hotbed of warehouse and logistics activity.

Finance & Capital Markets
HFF inks $36 million refi for Woodbridge cold storage project

A joint venture has closed on a nearly $36 million loan to refinance a fully leased, 182,154-square-foot cold storage facility in Woodbridge, following a transaction arranged by HFF.

Industrial
Auto parts distributor takes 37,000 sq. ft. in Carlstadt, NAI Hanson says

An auto parts distributor and developer has leased 36,750 square feet at a Carlstadt industrial building, brokers with NAI James E. Hanson announced Thursday.

Professional Services
Locally grown: Lee & Associates, marking 10 years in New Jersey, is primed for additional expansion

Lee & Associates is marking 10 years since the launch of its New Jersey office, having grown from just four brokers and three employees to a team of 55, thanks in large part to the firm’s distinctive broker-owned model and a growing number of service lines.

Industrial
Brooklyn investor acquires 117,000 sq. ft. industrial building in Middlesex

An investment group has acquired a 117,000-square-foot industrial building in Middlesex Borough, under a newly announced transaction by Bussel Realty Corp.

Policy Page
Earth Day 2019 Rx: Focus on recycling

April 22 is Earth Day, always a great time to reflect on what we as citizens can do to make the planet a little greener: reducing waste, conserving energy, reusing or donating products and recycling.

Industrial
Key Properties, flooring distributor ink 35,000 sq. ft. expansion in Meadowlands

A flooring distributor is more than doubling its footprint at an 80,000-square-foot industrial building in Carlstadt, landlord Key Properties LLC announced Thursday.

Roundtable
How has e-commerce impacted building design in either retail or industrial space?

How has e-commerce impacted building design in either retail or industrial space? We assembled a panel of industry experts to tackle this month’s question.

Industrial
NAI Hanson named leasing agent at Allendale flex park

A joint venture has tapped NAI James E. Hanson as the leasing agent for its recently acquired, 370,000-square-foot flex industrial park in northern Bergen County.

Top News
Friends, colleagues recall Stan Simon as a model of integrity in New Jersey real estate

Friends, former colleagues and longtime clients have been paying tribute to the late Stanley Simon, the longtime head of Jacobson Goldfarb & Tanzman LLC, as a “true gentleman” who was among the most effective, honest and respected figures in New Jersey commercial real estate — one who groomed and influenced many of the state’s top brokers.

Industrial
Lighting manufacturer takes 17,000 sq. ft. in Meadowlands

A manufacturer of LED lighting has leased 17,000 square feet of industrial space in East Rutherford, under a newly announced transaction by Chilmark Real Estate Services.